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Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Panamax index.
The BDI was down by 4.06 percent closing at 1110 points. The cape index saw the biggest fall this week down by 11.59 percent closing at 1,320 points. The cape weakness shows there is lack of ore cargoes and probably excess supply of ships.
The Panamax index was up by 6.46 percent closing at 1,202 points. The Supramax index was almost at same levels and the handy size index was down by 2.094 percent closing at 692 points.
The Supramax freight market was steady from Indonesia to India and vessels were trading around $ 8,500 delivery Shanghai for trip to India. Short period charter rates for Supramax were around $ 9,000 per day and for panamax were around $ 8,500 per day.
The average charter rates were at Cape/$ 6,070 per day, Panamax/$ 9,584 per day, Supramax/$ 13,454 per day and Handysize/$ 10,005 per day.
The future for three years (2012-2015) was at around Cape/$ 15,000 per day, Panamax/$ 11,000 per day, Supramax/$ 11,000 per day, Handysize/$ 9,250 per day.
The supramax index in the far east (S8 route) was up by 7.68 percent and closed at $ 9,241 per day (last week $ 8,582 per day) and S7 route was up by 1.78 percent and closed at $ 7,120 per day (last week $ 6,995 per day) . Both routes were likely to be steady next week.
The congestion in EC Australia was at 74 vessels this week (last week 70 vessels). The vessels waiting at main coal loading ports were at Haypoint/3, DBCT/15, Gladstone/7, Abbot Point/3, New Castle/42, Port Kembla / 2 vessels.
On the WC Australia iron ore vessels waiting was at 35 vessels (last week 37 vessels).
The Brent crude oil price was soft during beginning of the week, however firmed up to closing of the week. The Brent crude closed at $ 102.75 per barrel (last week $ 97.99 per barrel), however bunkers prices had slightly softened and closed at $ 601.50 pmt (last week $ 607.00 pmt) for IFO 380 cst ex Singapore on 13th July 2012.
Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
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Saturday, 30 June 12
THE FREIGHT RATES ARE EXPECTED TO BE STEADY TO FIRM NEXT WEEK - VISTAAR SINGAPORE
COALspot.com – The BDI was up by 2.66 pct (up by 26 points) closing at 1,004 points crossing the 1000 point barrier this week.
The c ...
Friday, 29 June 12
INDONESIAN PRODUCERS ARE PLANNING TO CUT PRODUCTION IF COAL PRICES FALL FURTHER
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 31.54* million tons of coal in May 2012, compared to 31.86* mill ...
Friday, 29 June 12
DRY BULK SHIP OWNERS DOING THEIR MATHS BEFORE PLACING NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With oversupply having plagued the dry bulk shipping fleet since the end of 2011, it’s become ever so evident that placing a newbuilding order ...
Thursday, 28 June 12
DRY BULK MARKET HIGHER ON CAPESIZE OPTIMISM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher yesterday, as the BDI (Baltic Dry Index) ended up by 0.71% to 988 points. Most ship types were up, with the ...
Wednesday, 27 June 12
DIRECTORATE GENERAL OF MINERAL AND COAL OF INDONESIA INTRODUCES ON-LINE SYSTEM FOR MINING PRODUCTS EXPORT APPROVAL
COALspot.com - Directorate General of Mineral and Coal of Indonesia has released "Clear and Clean" certificate for another 33 coal miners ...
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- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- PTC India Limited - India
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- MS Steel International - UAE
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
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